The prices in real estate in Jarvisfield, in the Queensland region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per m² in Jarvisfield has increased strongly during the last 6 months. In November, the average price per m² was $151. In the following month the price per m² increased considerably to $282. The price for the following two months in (January, February) had a considerable increment of 138 %. The price per m² has decreased 88 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of $257.25 to $227 during March, and April.
Based upon to the price in Jarvisfield (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $175,250. During December the price went through a considerable rise reaching $325,683. During the following two months (January, February) the average price had a considerable increase of 130 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $288,655 to $238,240.5, which means a 83 % fall.